Top News
Namdar Realty Seen As $29.17Mln Buyer of Emerald Mall in Mass.
Namdar Realty Group is said to have purchased the Emerald Square Mall in North Attleboro, Mass. The Great Neck, N.Y., investor paid $29.17 million for the retail property, which was sold by the two CMBS trusts that had held $94.52...
61,079-SF Mixed-Use Property in Concord, N.C., Sells for $19.5Mln
Charlotte Business Journal An affiliate of Red Hill Venture has bought the 61,079-square-foot Edison Square mixed-use property in Concord, N.C., for $19.5 million, or about $319.26/sf. The Charlotte, N.C., real estate firm purchased the property from an unidentified seller that...
Local Investor Pays $16.8Mln for Office Building in Miami Gardens, Fla.
South Florida Business Journal Lionstone Development has acquired the 56,601-square-foot office building at 5901 Miami Gardens Drive in Miami Gardens, Fla., for $16.8 million, or about $296.81/sf. The Miami investor bought the recently renovated property from Commons Plaza LLC, which...
Pompano Beach, Fla., Industrial Property Fetches $25Mln
South Florida Business Journal Deferred Exchange Co. has paid $25 million, or about $218.65/sf, for a 114,340-square-foot warehouse property in Pompano Beach, Fla. The Chicago company, which specializes in helping investors purchase properties through tax-deferred exchanges, bought the industrial property...
Property Sales Volume Jumps by 55.6 Percent in 1Q to Record $170.85Bln
Commercial Real Estate Direct Staff Report Commercial property investment-sales volume jumped by 55.62 percent in the first quarter when compared with a year ago, to $170.85 billion, according to MSCI Real Assets. That volume is the greatest for a first...
$35Mln Hotel Project Coming to Marble Falls, Texas
Austin Business Journal Phoenix Hospitality Group, in a public-private partnership with the city of Marble Falls, Texas, is developing a 123-room boutique hotel and conference center. The project, which is expected to be ready in 2024, will be called...
Former Sears Store at Houston Mall to Become Mixed-Use Town Square
Houston Business Journal MetroNational is planning to redevelop a former Sears store at Houston's Memorial City Mall into a mixed-use development. The local developer is building the project, dubbed Memorial Town Square, on a 27-acre site at the corner...
Rabsky Lines Up $92Mln Loan for Pre-Development of Mixed-Use Property in Brooklyn, N.Y.
Commercial Observer Rabsky Group has secured $92 million of financing from G4 Capital Partners to refinance existing debt and fund pre-development costs involved at 313-315 Bond St., a proposed 526,118-square-foot mixed-use property in the Gowanus section of Brooklyn, N.Y....
Endeavor to Build 19-Story Mixed-Use Project in Dallas’ Uptown Area
Dallas Morning News Work will start this September on a more than $121 million mixed-use project in Dallas' Uptown neighborhood. Endeavor Real Estate Group, an Austin, Texas, developer, is building the 19-story property at the corner of Boll Street...
Stonemont Financial Plans 565,000-SF Industrial Project for Suburban Dallas
Dallas Morning News Stonemont Financial Group is developing an industrial project with more than 565,000 square feet in the Dallas suburb of Wilmer, Texas. The Atlanta developer is building the property on a speculative basis along Sunridge Boulevard near...
About
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
Subscribe to our Weekly Newsletter!
